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DBS, Singapore Manufacturing Federation sign MOU to help sector decarbonise

Jovi Ho
Jovi Ho • 4 min read
DBS, Singapore Manufacturing Federation sign MOU to help sector decarbonise
The collaboration aims to support 500 small- and mid-sized manufacturers over the next two years. DBS will develop a reference playbook and also offer “competitive sustainable financing solutions”. Photo: Bloomberg
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DBS and the Singapore Manufacturing Federation (SMF) have signed a memorandum of understanding (MOU) to accelerate the adoption of sustainable practices within Singapore's manufacturing sector. 

This is SMF’s first partnership with a financial institution and signals a major commitment to accelerating sustainability within the manufacturing sector, reads a Feb 27 announcement.

The collaboration aims to support 500 small- and mid-sized manufacturers over the next two years, providing targeted expertise, resources and financial solutions to lower emissions and raise competitiveness in the green economy.

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